The correct answer is C.
A monopoly is a market structure where a single firm serves the whole demand of a specific good or service. It does not face competitors, therefore, such firm has absolute market power to decide the price charged for its products.
So, the monopoly is able to charge a higher price than in a perfect competition scenario where the price would be set at the intersection betweeen the demand function and the marginal cost function.
Instead, the quantity sold in the monopoly (<u>q*) is determined by the intersection of the marginal revenue and marginal cost curves, and the monopoly price is computed by substituting q* in the expression of the demand function </u>(because the demand function relates price and quantity).
<u>The result is 15$ as the picture shows. </u>
Answer:
dissociative amnesia
Explanation:
Dissociative amnesia can be described as a form of disorder marked by an inability to recall important personal events and information. It can be of many forms, such as localized, selective, generalized, or continuous.
This form of disorder makes an individual to not to remember or recall past events, places and activities.
Bentley's inability to identify a bridge on the road he has been using every day is an example of Dissociative amnesia.
Can you please be more specific? An advantage in what? Is this about History?
1. department of labor and industry
hope this helps
:))
